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20131202
20131210
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FBC 17
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FOX Business
Dec 9, 2013 9:20am EST
're starting a new week and there's no letup in the stream of bad news from obamacare. you can't afford it and the country can't afford it. good morning, everyone. first, there's news on deductibles, they're going through the roof and then from the exchanges, most people are signing up for medicaid and that's a financial ticking time bomb. plus, obamacare's architect, z ziek emanuel says you can keep your insurance, and pay more. on wall street, the rally rolls on an and tech stocks especially move up and look at this, swallowing a camera to check your system from the inside. the pill cam companies sells for very big dollars. "varney & company" is about to begin. >> another week for negative news from obamacare. first off, sticker shock. many people with modest incomes are facing deductibles. and they will not be able to afford the cost that insurance does not cover. the average deductible for the lowest price plan, $5,081. up 42% for plans purchased in 2013. next, california, a doctor boycotts, 7 of 10 say they won't participate in the obamacare exchanges. a ticking time bomb. 1.6 mil
FOX Business
Dec 4, 2013 9:20am EST
, today you will see a push for income equality. and there will be more damage control on obamacare, too. the left is seizing on the equality issue, demanding higher wages by legislation. the d.c. city council just approved an increase in the minimum wage to 11.50 an hour eventually, one of the highest in the nation. tomorrow, fast food workers demanding better wages, too, $15 an hour. all of this as wal-mart opens its first two stores in d.c. today. 600 people hired, more than 23,000 applied for those jobs. the d.c. city council wanted to keep wal-mart out. come january, extended jobless benefits fob for 1.3 million people expire, no more government checks. will the democrats fight to keep the money flowing? good questions. we've got other headlines. former tyco chief dennis kozlowski is in prison for improper use of money. rightly or 0 wrongly, he was the poster boy for corporate greed. and 180,000 bucks on booze, that's government. used the money allocated in your budget or lose it. last one, again with spending, the new york yankees opened their wallet and signed outfielder jacoby el
FOX Business
Dec 5, 2013 9:20am EST
think. good morning, everyone. trying to attract youngsters to the obamacare cause, the president suggests pep rallies and happy hour parties. beneath the office of the president? the approach is not working, young people are not signing up, young people don't like it. the administration will not guarantee security. your i.d. is going astray. obamacare is sliding ever deeper into chaos, but apple, the exact opposite. it signed a deal that opens up the fast china smart phonee market and the stock is going straight up almost like the good old days. don't ignore the good news, 3.6% economic growth in the summer quarter. jobless claims below 300,000, but wouldn't you know it, stocks are down. stay right there, i'm also going to make some waves later this hour over the martin bashir disgrace. "varney & company" is about to begin. trading inspires your l. tdd#: 1-800-345-2550 life inspires your trading. tdd#: 1-80345-2550 where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 turn inspiration into a
FOX Business
Dec 5, 2013 11:00am EST
for higher wages and unionization in the days of obamacare, those with chronic illnesses could look at drug costs. this is evidence of the complexity of this law. the upper midwest with a weekend storm tmaceatening, pushing up energy prices and using instagram to gauge how happy an entire city is. the top five happiest cities in the nation according to one survey, two cities from the same state. the you live there? Ò i o you f l good? so much more coming up on this hour of maumets now. ♪ connell: i wasn't even there. dagen: no indication. Ò i ogs are supposed to make you happy. food and dogs. dennis: christmas season, the tree over there. dagen: holiday tree. connell: i know. iatollowing up. to start it off at the top of the hour at the stock exchange. nicole: good morning. things are looking down again. the dow and the s&p down four days in our row. we will s what hstapens between now and then, right now, down 56 points, thousand eight thirty-three. and the nasdaq composite down 9 points, a quarter of 1%. the big picture is everybody is moving to the fed. the fed keeper as soon
FOX Business
Dec 6, 2013 9:20am EST
for obamacare, but they cannot guarantee the security of your information on the being change website. next, a professional hacker tells us just how easy it is to get into that. ♪ ients are always learning more to make their money do more. (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my localcottde office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) ranked highest in investor satisfaction with self-directed services by j.d. power and associates. every day we're working to and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. she loves a lot of it's what you love about
FOX Business
Dec 3, 2013 1:00pm EST
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FOX Business
Dec 3, 2013 4:00pm EST
is trying to change the conversation from all the bad news they have had about obamacare, the botched rollout, people losing their health insurance and try to change it to the benefits of the program. in fact the administration says for the next three weeks the white house will be highlighting the benefits of obamacare, trying to drum up some coverage on the other side, some positive coverage. the president in an event here at the white house earlier today also addressed his republican critics saying if they have some better ideas on how to fix the affordable care act, he will consider them. >> if you ask many of the opponents of this law what exact think they would do differently, their answer seems to be, let's go back to the way things used to be. >> when you look at obamacare, this is government-centered health care delivery system. that is not what the american people want. the american people want to be able to pick their own type of health insurance, they want to be able to pick their own doctor. they want to be able to pick their own hospital. that is what a patient-centered h
FOX Business
Dec 2, 2013 9:20am EST
obamacare has been doing, it's liighths catastrophe and why would you expect something really good to be coming out of this mess? i wouldn't. >> i think we've had this conversation before. >> yeah, we have. >> unfortunately. are we going to have it again in a couple of minutes? because i question whether you're going to get any change in economic policy in the next three years, i don't think you are, but i'll come back to you on that one in a second, okay? >> it's a deal. stuart: i want to move on to amazon's chief jeff bezos on 60 minutes. he showed off a flight of amazon experimental delivery drones. yes, drones to deliver packages. keith fitzgerald is with us, keith, he's looking like the new steve jobs and amazon is behaving like apple. >> he's defining innovation and putting together a connection that the rest of us haven't seen and he's one of the few people on the planet with the wherewithal to bring it into fruition and i'm excited as heck about this. stuart: what about the stock? it's approaching $400 a share. i don't think you like it at that level, do you, keith? >> wel
FOX Business
Dec 2, 2013 1:00pm EST
on the obamacare rollout. the obama administration, the troubled health care website a vastly improved since the disastrous rollout back in october. so much so that it appears that the website may have reached its maximum capacity. now, the former head of the massachusetts health exchange. great to have you back on the show. welcome. >> thank you. nice to be here. lori: health and human services is saying that they are running 90% of the time. does that mean anyone can log on and expect to sign up in a reasonable time? >> well, apparently not. it would be nice to have it running close to 100 percent. >> describe the kern vulnerabilities. >> they have done a heroic effort over the last five or six weeks in marshalling resources to try to improve what was clearly not functioning very well at all. really not functioning. but you would like to get those -- the consumer experience will depend upon all of the links in the process working. working close to 100 percent. that is really what you would like to see. and you know, that is just the basics, frankly. the really interesting stuff is down the
FOX Business
Dec 3, 2013 9:20am EST
. let's get going with your obamacare update, it's not good. the headline from "the washington post" bugs playing healthcare.gov enrollment. if you listen to the obama administration, it's running fine, thank you very much. the paper reports if you signed up for a health care plan using the federal exchange there's a good chance you might not be actually enrolled. one third of the applications may contain errors that will prevent the applications from being processed. that's chaos. today the president begins a new push to highlight all that's good about obamacare. 2:30 eastern he speaks. time is money and headlines here they come. they're all tech related. and according to a new report we find out what the mystery google barges are for and that the barges will be retail locations to sell in market, google glass. three in total. travel up and down the east and west coast. on-line is king, cyber monday sales at amazon up 44% year over year, ebay up 32%. and big money on-line shopping. question, what happens to the malls now? apple makes a play on twitter, buying up a firm that analyze
Al Jazeera America
Dec 2, 2013 6:00am EST
this play book against obamacare the other day. they are not trying to work with us and try to address the issues. yes, there are problems. there is no denying that. let's work to fix them. we know what it looks like when they are fixed and looks like colorado and -- california and new york. >> reporter: kentucky, california, north carolina have their own state exchange websites which were also pretty slow when they first launched. as for the federal site the white house says enrollment jumped from 30-80%. white house still calling the site a work in progress. >> but you actually visited the site this morning, didn't you, what did you find? was it different and faster? >> it was faster because i logged on october 1st and that was pretty rough going that day and today it was definitely pretty quick. in fact, the true test i think that will happen here is for this repaired website is when there is maybe an on slot of people trying to enroll come before the december 23rd deadline so coverage can kick in on the 1st. >> thanks for joining us erica. parts of the country are getting hit with
FOX Business
Dec 6, 2013 4:00pm EST
people to go back to their old policies even if they are technically in violation of obamacare, the new health care law. it could affect up to five million people. the europe any is is, that republicans such as yourself, are more interested in supporting the president's change than democrats. why is that? >> i would think it is happenstance. we are regulators at state level and it is our call as he acknowledged in his press conference and meeting with us a week later, we are the regulators of health insurance. in fact he said during our meeting some of his advisors originally wanted him to displace us and take it all under the federal government authority and he said no. david: let me push back a little here because 10 democratic states, 10, have said, we are oppose the president's plan. we want to continue with obamacare as it was. people who lost their policies that is too bad for them. we have to go on, get all the young people with all extra things they don't want or desire, get them to pay for it. so my own feeling is, that they realize, democratic commissioners realize obamacare f
FOX Business
Dec 9, 2013 11:00am EST
anything in washington. great to see you. is obamacare the reason both sides came to be softening on this? >> i think i credit environment this deal to happen. think of where we were eight weeks ago. we were fighting over obamacare. now we're in a situation republicans do not want to have it on the budget. both of her pretty bad for them. let's look at the democrats. suffering politically from obamacare, they want to change the subject as much as possible. laws and the city are taking care of very important response abilities here until they've been pigmentation problems can get worked out. in one sense it helped. but also similar reason driving is as both parties are trying to kick this out for two more years to have an election and decide how these issues get resolved. accommodation suggests they will get a deal in the next couple of days. dagen: this is if you have described it to use your words some low hanging fruit. how does this deal come together and what are the chances it does? >> i think it is slightly better than 50% chance it is going to get done. remember, the two chairs neg
CSPAN
Dec 2, 2013 12:00pm EST
the wall street journal today. obamacare mission accomplished. i will not go it -- go through it again for our viewers. this briefing, did you get that sense? guest: it was not, because they get a huge emphasis on, we still have a lot of work to do, this is by no means a perfect system, we have got it to where we wanted, but there are still a lot of things that need to be fixed. this is still an ongoing process to make this thing work better and better. they still it knowledge there are a lot of parts of the website they need to continue to work on. saying, yes, we did it, everything is great, and we will take off now. host: what is the measure of success to look at? guest: insurance companies, are they getting the accurate information they need in order to enroll people and give them their coverage, receive the payments from those getting subsidies, and that will be -- starting january 1, how many people will actually have insurance under this law, how may people are successful going to the doctor and paying the bills, insurance companies getting copayments and all of those things. we
FOX Business
Dec 6, 2013 1:00pm EST
it, that is coming our way. i know. >>> here's change. a company that might be welcoming obamacare or at least not feeling the effects of it. nps pharmaceuticals says it will actually help business maybe. with a new thyroid drug awaiting fda approval, nps is the definition of tomorrow's business today. the ceo joins us now. how is it going to help? >> by expanding the number of patients that could have access to our drugs and to drugs in general and that's a good thing for public health. that's a good thing for patients. >> you're in the business of orphan drugs. that means you make a drug that didn't help a ton of people. by allowing more people into the system you're saying there might be more people that suffer from these illness, and can get access to your drugs under obamacare? >> under obamacare is one viewpoint. we're in the rare disease business. these patients do not have any alternative this makes our business very unique. we're targeting a small number of patients. more often than not they don't have anything to rely on. tracy: tell us about the big drug we talked about
FOX Business
Dec 4, 2013 1:00pm EST
, obamacare and other types of federal regulations. and on consumer spending which the fed is always watching as well, the report says it increased in almost all districts at a modest to moderate pace. to ashley around tracy. ashley: peter, look, the president also speaking about an hour ago. he is going in front of the camera a lot these days. talking about the economy. what is his read on things? >> well he didn't give us any kind of economic report card. this was a speech largely on economic inequality. it was about economic mobility. the ability of people to move up in income classes with better jobs and better training, et cetera. and it was, mainly to support the president's agenda items, including obamacare but also his education initiatives and other measures. back to you. ashley: peter barnes, thank you so much. >> you bet. tracy: let's get a quick reaction on these markets after that news peter just brought us. nicole petallides on floor of the new york stock exchange. little bit of movement. >> yeah a little bit of movement up off the lows. keeping close eye on 10-year bond. 2.84%
FOX Business
Dec 6, 2013 11:00am EST
for obamacare? think again. how glitches in a system could come back to health people who think they are covered. and selfie for security. and new app that uses your face to protect your personal data. and one company aims to create a city at sea. how they plan to raise nearly $10 billion it is going to take. [ male announcer ] here's a question for you: where does the united states get most of its energy? is it africa? the middle east? canada? or the u.s.? the answer is... the u.s. ♪ most of america's energy comes from right here at home. take the energy quiz. energy lives here. dagen: there is a lot to love in this market. all 10 sectors in the green, but still some losers out there. what are you looking at? nicole: some names coming under pressure. take a look with jefferies cutting the price target down to 105. a drop under $23. over 20%. a tough day for shareholders if you are long this stock. they had an earnings miss, some of the endless jumping on board. some of the biggest losers here. probably want to hear that between the two companies. down 6%, down over 50% as they continue to wor
FOX Business
Dec 5, 2013 1:00pm EST
and they argue that especially in light of demand put on them by obamacare, raising the minimum wage could cost jobs, cording to one study, nearly half a million jobs could be lost. and the lobbying group, union fact, simply says raising the minimum wage sun reasonable demand. listen. >> you can't just translate your need for more money on to every business and say, i've got three kids to feed. you need to pay me more. that is not how the compensation system works in this country. >> bottom line here for the most part it appears that most fast-food restaurants are conducting business as usual. it at appears only relative small number of fast-food workers have in fact walked off the job. thank you david lee miller. adam: charles payne has a few thoughts on the minimum wage strikes. charles, you have a different angle on how this is all playing out. >> well there are two things. i think the while movement itself is disingenuous to a large degree and misguided. irony we had a bunch news this week that is underscores this point. beginning of week, one of the news items, amazon using drones. that wi
FOX Business
Dec 2, 2013 11:00am EST
canceled under obamacare. after an internal review the insurer realized it would be easier and more effective to let the plant stand. blue cross expects to notify about 55,000 arizona customers this week about their decision. unemployment is jumping in alaska up just in time for the holidays and some parts of alaska the jobless rate is about to%. statewide the rate is now at just over 6 percent, up from five and a half% just last month and britney spier's is on schedule to launch surveys show at the end of this month. according to caesars palace, part of the deal, the $500 packages are sold out and the meat and greece are selling for $20,500. those are sold out as well. by the way, happens to be her second birthday. hopefully should in turn 300 grand that she is getting paid per show. that is our west coast minute. dennis: a new crowning achievement for beyonce a. her latest title landing the diva she stole from. cheryl: has begun to break will take a look at some of the winning names on the nasdaq. as you can see, worried about technology. these are your tech names. ♪ seen. chery
Search Results 0 to 18 of about 19